A small business in Bucks County is just one of many that has begun to operate under new conditions to combat the effects of a changing economy. Ruth Simon wrote about the local business in The Wall Street Journal.
Eric & Christopher, located at 410 East Walnut Street in Perkasie, works with designs that are silk-screened onto items like pillows and totes. As interest rates begin to rise, the small company, which employs only 25 employees, has been making some changes to their operation in order to stay afloat.
Owner Christopher Kline has reduced their hours of operation by 25% and has been delaying investments that would otherwise help them in a normal economy. With rates changing by the day, decisions like these do not come easy, but they are necessary.
“Normally, I rely on those accounts to help fund research and development,” Kline said of the company’s retail partners. Business strategies like these are helping small businesses like Kline’s stay in business as buyers and sellers work with the changing times.
Read more about the Perkasie business in The Wall Street Journal.